PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...

WE CAN’T CLOSE SHOP ON A $30BN INVESTMENT, SHOPRITE DEBUNKS REPORTS OF LEAVING NIGERIA.{PHOTO}.

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    South Africa retail supermarket, Shoprite, has debunk reports that it is winding down it’s investments in Nigeria, and leaving the country.
High street retailer, Shoprite, has debunked reports that it is discontinuing its Nigerian operations.
Ini Archibong, the Country Director for Chastex Consult, said in a telephone conversation with a national daily on Monday that “Shoprite is not leaving Nigeria”.
He further said, “We have only just opened to Nigerian investors which we have also been talking to just before now. We are not leaving. Who leaves over a thirty billion dollars investment and close shop? It doesn’t sound right.
“We only gave this opportunity to investors to come in and help drive our expansion plan in Nigeria. So we are not leaving.
“I have tried to say this to many people as I can. There should be no panic at all and all of that. There is no truth in that report.”
There have been reports across the media of the retailer starting a formal process to consider the possible divestment of all or a majority of its holding in its Nigerian supermarkets.The reports noted that Shoprite’s results for the year, released on Monday, did not show any of their operations in Nigeria as it would be classified as a discontinued operation.
They stated that international markets, not including Nigeria, provided 11.6 per cent to the group sales and recorded 1.4 per cent drop in sales from 2018.
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